Lincoln Square Affordable Housing Development Stalls As City Rejects Funding 40+ Parking Spots
by Alex V. Hernandez / Block Club Chicago / April 13, 2022
City officials said the current plan has too much parking and accused the alderman and developer of ignoring their warnings about the issue.
LINCOLN SQUARE — An affordable apartment building in the heart of Lincoln Square has stalled as city officials, the alderman and developer wrangle over public parking, confusing residents who thought the design of the long-awaited project was a done deal.
Ald. Matt Martin (47th) has urged city leaders to approve plans for a 51-unit affordable housing complex with 41 public parking spaces at 4715 N. Western Ave., currently a parking lot across from the Brown Line.
But officials from the city’s Departments of Housing and Planning said they’ve been telling Martin and the project’s developer for months that city tax credits for affordable housing can’t be used to fund so much parking. Read more HERE